“The silicone elastomers market is projected to register a CAGR of 6.49%”

The global silicone elastomers market size is estimated to reach USD 7.94 billion by 2021, at a CAGR of 6.49% between 2016 and 2021. High growth in end-use industries, increasing demand for HTV silicone elastomers, and rising consumption in the developing countries are driving the silicone elastomers market during the forecast period.

Globally, automotive & transportation is the fastest-growing end-use industry for silicone elastomers, in terms of both volume and value. The demand for silicone elastomers has increased significantly in the automotive & transportation end-use industry over the last decade. It is used in engine, electrical system, body, and interiors of automobiles. Increasing applications of silicone elastomers in onsumer appliances, electrical wiring, and electrical equipment in the electricals & electronics end-use industry are also driving the market.

“Rising demand in Asia-Pacific is the major driver for the silicone elastomers market”

Asia-Pacific is the largest and fastest-growing market for silicone elastomers, in terms of both value and volume. High economic growth rate, growing manufacturing industries, low-cost labor, increasing foreign investments, increasing demand from end-use industries, and a global shift in production capacities from the developed economies to the emerging economies are major factors leading to the growth of the silicone elastomers market in this region.

To define and segment the silicone elastomers market To identify and analyze the dynamics for the silicone elastomers market To analyze and forecast the silicone elastomers market size, in terms of volume and value To analyze and forecast the types, processes, and end-use industries of silicone elastomers, in terms of volume and value To analyze and forecast the silicone elastomers market in the key countries, in terms of volume and value To identify and analyze the high growth segments, subsegments, and regions presenting growth opportunities for stakeholders To track and analyze recent developments such as new product launches, partnerships, agreements & joint ventures, expansions, and mergers & acquisitons To provide strategic profiles of the key players in the market, to comprehensively analyze the core competencies and to draw a competitive landscape of the market Key target audience: Manufacturers of silicone elastomers Manufacturers in end-use industries such as, automotive & transportation, healthcare, and electrical & electronics Traders, distributors, and suppliers of silicone elastomers Regional manufacturers associations Government and regional agencies and research organizations

Scope of the report: The silicone elastomers market has been covered in detail in this report. To provide a complete picture, the current market demand and forecasts have also been included. The silicone elastomers market is segmented as follows: On the basis of type: • High Temperature Vulcanized • Room Temperature Vulcanized • Liquid Silicone Rubber On the basis of process: • Extrusion • Liquid Injection Molding • Injection Molding • Compression Molding • Others (Pultrusion and Calendaring)

Notes:Sales, means the sales volume of Silicone ResinRevenue, means the sales value of Silicone ResinThis report studies sales (consumption) of Silicone Resin in United States market, focuses on the top

Notes:Production, means the output of High Temperature ElastomersRevenue, means the sales value of High Temperature ElastomersThis report studies High Temperature Elastomers in Global market, especially in North America, Europe, China,